What Kinds of Employee Incentives Can Remote Businesses Provide

As more and more business are finding a digital workplace to be a successful one during COVID-19 lockdowns, there’s a very good chance that some or all parts of companies will continue to be remote, and many new fully remote companies will surely be popping up.  

Some of the benefits of remote work are very obvious, but some office benefits (even the simple ones like free snacks!) will be more difficult to transfer to a remote employee base. Here is a list of some of the incentives employers can offer to their remote staff. 

 

Time 

The average American commutes between 25 and 30 minutes, each way to work, on a given day. That’s an hour of unpaid “labor” that does not exist in the remote work world. For the rare employees who have the ability to keep all the stress at work, that extra hour can be used for anything at all, but for folks who can’t seem to leave work at work, that work addiction can have negative effects on family life and mental health, so a morning commute can be substituted with some meditation, and the afternoon drive can be, instead, a nice game of catch with the kids or any other means of destressing.  

 

Money

Aside from the aforementioned snacks, it’s a lot easier to save money on most daily tasks as a remote employee. No gas, no parking, coffee at home, lunch on the clock, etc., and how about that nice tax write-off for your home office? A penny saved is always sweet, but when it’s a penny that is staying in your pocket instead of going to the government, it always seems just a little sweeter. 

A fair employer will also adjust your pay accordingly, as you no longer require a desk and other brick-and-mortar necessities. If you are asked to work remotely and you are not financial incentivized to do so, you should definitely bring it up.  

 

Freedom 

There is some grey area here, as many people find it difficult to focus from home and need a regular workplace structure and environment to succeed, even if from their own home. That’s fair, and work should always be priority when working remotely, but if you’re the type of person who can dial in and focus from anywhere, then “anywhere” can be your new office. Remote Year is a program that is geared to remote employees who want to travel the world while still being sure to have all of the tools needed to be a top-end employee. They only book places with great internet, printers, quiet spaces, etc., and given the group rates they receive from their destinations, it can be surprisingly inexpensive for the wondering souls! 

 

The “Regular Stuff”

The money your employer will save by going remote is very substantial, and at very worst, your medical, dental, PTO, sick leave, etc. should definitely not change for the worst. Given the money saved on office spaces and the monthly bills that go with them, you really should look to have your employee benefits (especially the financial ones like 401K matches) increased.  

  

Keep the Old, Welcome the New

Almost all signs point to remote work being a money saver for employers, so long as production doesn’t falter. If you’re confidently achieving the same level of success while working from home during stand down, and your company decides to move in that direction, remember how much money they are saving, and don’t get short-changed. All of your old benefits should be the same or better, and you also get that time and freedom to do with as you please! 


Guide created by Mowery & Schoenfeld